SHARED VALUES

The values of the Association contribute to its performance in a spirit of respect for human rights, for the environment as per the broad meaning of this term and for the laws that protect them. They are designed to meet the long-term expectations of all the members of the Association. Accordingly, the values of the Association are as follows:

SATISFACTION OF ITS MEMBERS

Truly Top-Notch

SENSE OF RESPONSIBILITY

Only the Best

INTEGRITY

Outstanding Quality

PROFESSIONAL ACCOUNTABILITY

Outstanding Quality

TRUTHFUL COMMUNICATION

Truly Top-Notch

SPIRIT OF PARTNERSHIP

Only the Best

These values require ECCO members to act in accordance with the applicable rules and regulations in the countries in which they operate, and specifically in keeping with the rules applicable to competition. The purpose of the Association is to assist its members in accomplishing Offset obligations by facilitating meetings and discussions, without influencing the actions of the parties.

ECCO has created two committees to facilitate compliance with these values:

Nominating Compliance Group

This committee primary purpose is to follow the nominating procedure, receive any candidacy, advise the Board upon the agreement of new members and to prepare the decisions to be made by the Board relating to selection criteria and appointment procedures for the Board and Executive Committee members.

Audit Committee

The Audit committee assists the Board in fulfilling its oversight responsibilities relating to corporate accounting and reporting practices of the Association, and the quality and integrity of the financial report of the Association.